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Carson Conant

๐Ÿ‘ค Speaker
185 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

We think we can get to be, we'll be profitable next year.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

So we're probably similar to that right now.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

I mean, this company is profitable.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

So everything we're doing is reducing that.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

And so we'll be profitable.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

This plan still hasn't changed since last time we talked, so middle of next year.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

And then everybody we're looking at from an inorganic standpoint would be profitable over a year.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

Yep.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

Yep.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

We actually don't need that much money ourselves to get to profitability.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

So a lot of that would be secondary cleanup cap table, as well as have some, you know, have some cash on the balance sheet or have a backer that could support some of these additional acquisitions we're looking to do.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

Next 12 months, so I don't know if we'll do another one this fiscal year.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

Our fiscal year ends in February.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

I think we have what we feel like we need to go beat Showpad.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

My guess is we'll do another acquisition next fiscal year, potentially two.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

We've got a couple that are really interesting in mind, but haven't settled on kind of mutual valuation.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

We want to see ourselves, our valuation kind of pop a little bit here.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

Um, with, you know, the one we did last year, Alenian is working great.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

And then, you know, this one is already working well, actually, where you, you know, we've started using it even before the deal closed to win deals away from the competitors.

SaaS Interviews with CEOs, Startups, Founders
MediaFly To Acquire More, $20m in ARR, Burning $600k/mo, $28m Raised

It's a good way.